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$705,000
● Multifamily - Off Market

809-11 Heath

bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,466 Ft²
$1,309,032
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

Large solid 2 family on Newton Line near Atrium Mall and Omni Food Store. Second floor unit has renovated master  with bath and laundry on third floor. Nice wood trim and fireplace in both units. Lot has possible parking potential, but no existing spots presently.
Unit Size
3,466 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$180
Property Type
Multifamily
Property Taxes
$653
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #70013917)

Price History

Date / Event Date Event Price
Apr 15, 2004 Sold
Premium
Sold
Apr 1, 2004 Listed by Harvard Real Estate $625,000
Listed by Harvard Real Estate

Property Highlights

Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Dishwasher, Disposal, Refrigerator, Washer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Unit 2 Laundry Room
Rooms: 12
Has Fireplace
Fireplaces: 2
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Enclosed
Lead Paint: Unknown
Lot Features: Wooded
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: res
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $737,100
Tax Annual Amount: $7,835
Utilities Details
Utilities: for Gas Range, for Gas Dryer, for Electric Dryer
Heating Type: Unit 1(Steam, Gas)
Location Details
Community Features: Public Transportation, Shopping

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70013917
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